Suppose you deposit a certain amount of money into a savings account that earns compound monthly interest, and you want to calculate you will have after a specific amount number of months. The formula is: F = P * (1 + i)t Where the terms in the formula are as follows: F is the future value of the account after the specified amount of time. P is the present value, or the amount that you want deposit. i is the monthly interest rate. t is the number of months that you plan to let the money sit in the account. JavaScript programs please
Max Function
Statistical function is of many categories. One of them is a MAX function. The MAX function returns the largest value from the list of arguments passed to it. MAX function always ignores the empty cells when performing the calculation.
Power Function
A power function is a type of single-term function. Its definition states that it is a variable containing a base value raised to a constant value acting as an exponent. This variable may also have a coefficient. For instance, the area of a circle can be given as:
Suppose you deposit a certain amount of money into a savings account that earns compound monthly interest, and you want to calculate you will have after a specific amount number of months. The formula is:
F = P * (1 + i)t
Where the terms in the formula are as follows:
- F is the future value of the account after the specified amount of time.
- P is the present value, or the amount that you want deposit.
- i is the monthly interest rate.
- t is the number of months that you plan to let the money sit in the account.
JavaScript programs please
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